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Q#2: The data below is the historical sales of X product from 2010 till 2002 Year Sales 2010 125 2011 130 2012 150 2013 133
Q#2: The data below is the historical sales of X product from 2010 till 2002
Year Sales
2010 125
2011 130
2012 150
2013 133
2014 153
2015 182
2016 153
2017 143
2018 196
2019 183
2020 124
2021 183
2022 190
a) Compute all possible forecasts using a three period moving average
b) Compute all possible forecasts using exponential smoothing with a smoothing coefficient 0.4
c) Compute the MAD for each of the forecast model
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